DOSSIER · 13F-HR · Q2 2026

Covalis (Gibraltar) Ltd

$27M in tracked AUM across 2 positions as of Q2 2026.

C(
CIK 0001876826 · last filed Jun 30, 2026
Total AUM
$27M
as of Q2 2026
Holdings
2
positions
Whale Score
61
61
tracked
Activity
no data
changes this Q
AI Analysis · Q2 2026

Portfolio Overview

Covalis (Gibraltar) Ltd presents a highly concentrated investment portfolio with minimal diversification and a defensive posture. As of the reporting period ending September 30, 2025, the firm manages approximately $20.31 million in assets across just two holdings. This represents a significant contraction in capital, with the total portfolio value decreasing by 42.4% from $35.26 million in the previous quarter.

The portfolio structure is extremely top-heavy, with the si...

Key Holdings

The portfolio is dominated by PG&E Corp (PCG), which accounts for $19.06 million or roughly 1.26 million shares. This massive weighting suggests that Covalis views PCG as a core holding, likely prioritizing the stability and regulated returns typical of large-cap utilities. Despite a reduction in shares this quarter, PCG remains the central pillar of the fund's strategy.

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
PCG
PG&E CORP
$17M1.0M63.9%
02
CORZ
CORE SCIENTIFIC INC NEW
$10M382K36.1%

Filing history

2026Q2Jun 30
$27M 20.2%
2 positionsView →
2026Q1Mar 31
$23M 82.0%
2 positionsView →
2025Q4Dec 31
$125M 518.0%
5 positionsView →
2025Q3Sep 30
$20M 42.4%
2 positionsView →
2025Q2Jun 30
$35M
3 positionsLocked
2025Q1Mar 31
$0
0 positionsLocked
2024Q4Dec 31
$0
0 positionsLocked
2024Q3Sep 30
$0 100.0%
0 positionsLocked
2024Q2Jun 30
$35M 247.5%
1 positionsLocked
2024Q1Mar 31
$10M 16.9%
2 positionsLocked
2023Q4Dec 31
$12M 24.1%
3 positionsLocked
2023Q3Sep 30
$10M 87.2%
2 positionsLocked
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